Japan’s MUFG sues New York regulator over bank’s oversight shift

NEW YORK (Reuters) - Mitsubishi UFJ Financial Group Inc (MUFG) on Wednesday sued New York’s banking regulator to stop its effort to continue to supervise Japan's largest lender after it switched its state branches to federal oversight this week, according to court filings.

NEW YORK (Reuters) - Mitsubishi UFJ Financial Group Inc (MUFG) on Wednesday sued New York’s banking regulator to stop its effort to continue to supervise Japan's largest lender after it switched its state branches to federal oversight this week, according to court filings.